Examples of Compounded Rate Loan in a sentence

The Borrower to which an Interim Loan has been made shall pay the unpaid accrued interest on that Interim Loan on the last day of each relevant Interest Period (or, in the case of a Compounded Rate Loan, if later than the last day of the relevant Interest Period or other period, the date falling 3 Business Days from the date on which the Interim Facility Agent notifies the Company in writing of the amount of the relevant interest to be paid).
The Borrower (or the Company) may, if it gives the Interim Facility Agent not less than, in the case of any Term Rate Loan, three Business Days’ or in the case of any Compounded Rate Loan, three RFR Banking Days’ (or such other period as the Interim Facility Agent may agree) prior notice, cancel the whole or any part of any Available Interim Facility or any Interim Commitments.

More Definitions of Compounded Rate Loan

Compounded Rate Loan means in relation to a Compounded Rate Currency, any Interim Loan which is denominated in that Compounded Rate Currency.

Compounded Rate Loan means the Loan, or part of the Loan which is, or becomes, a "Compounded Rate Loan" pursuant to Clause 10.1 (Unavailability of Term SOFR) or which is an Unpaid Sum.

Compounded Rate Loan means any Interim Loan or, if applicable, Unpaid Sum.

Compounded Rate Loan for its then current Interest Period pursuant to Clause 13.1 (Interest calculation if no Screen Rate); or (b) a “Compounded Rate Loan” pursuant to Clause 10 (Rate Switch). “Term Reference Rate” means, in relation to a Term Rate Loan: (a) the applicable Screen Rate; or (b) as otherwise determined pursuant to Clause 13.1 (Interest calculation if no Screen Rate), and if, in either case, that rate is less than zero, the Term Reference Rate shall be deemed to be zero. “Termination Date” means the date falling on the fifth anniversary of the date of this Agreement. “Third Party Bilateral Facility Limit” means £10,000,000.00 (ten million pounds). “Total Commitments” means the aggregate of the Commitments, being £150,000,000 (150 million pounds) at the date of this Agreement.

Compounded Rate Loan for that Interest Period pursuant to Clause 13.1 (Interest Calculation if no Screen Rate). 12.2 Non-Business Days Any rules specified as “Business Day Conventions” in the applicable Reference Rate Terms for a Loan or Unpaid Sum shall apply to each Interest Period for that Loan or Unpaid Sum. 13. Changes to the Calculation of Interest 13.1 Interest Calculation if no Screen Rate (a) Interpolated Screen Rate: If no Screen Rate is available for EURIBOR for the Interest Period of a Term Loan, EURIBOR shall be the Interpolated Screen Rate for a period equal in length to the Interest Period of that Loan. (b) Shortened Interest Period: if no Screen Rate is available for the relevant IBOR for: (i) EUR; or (ii) the Interest Period of a Term Rate Loan and it is not possible to calculate the Interpolated Screen Rate, the Interest Period of that Loan shall (if it is longer than the applicable Fallback Interest Period) be shortened to the applicable Fallback Interest Period and the applicable EURIBOR for that shortened Interest Period shall be determined pursuant to the definition of EURIBOR. (c)

Compounded Rate Loan means a Facility A Loan and a Revolving USD Facility Loan;

Compounded Rate Loan means any Drawing granted under a Facility or, where applicable, any overdue amount in relation to a Facility, in each case, in a Compounded Rate Currency and for which interest is to be calculated using the Reference Rate Terms.